Board Meeting Details

The Board of Directors meeting was held on Saturday, November 14, 2026, at the Registered Office of the Company at 3:30 PM and concluded at 8:00 PM.

Key Approvals and Outcomes

The Board considered, approved, and took on record the following:

  • (a) Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2026
  • (b) Limited review report by statutory auditors for the unaudited standalone financial results for quarter and half year ended September 30, 2026
  • (c) Standalone unaudited statement of Assets and Liabilities for the half year ended September 30, 2026
  • (d) Standalone Unaudited statement of Cash Flow for the half year ended September 30, 2026
  • (e) Other routine business

Financial Results Summary (Figures in ₹ Lakhs)

Quarterly Performance (Q2 FY27 vs Q1 FY27 vs Q2 FY26)
  • Revenue from operations: ₹1,373.34 (Q2 FY27) vs ₹3,572.86 (Q1 FY27) vs ₹15.84 (Q2 FY26)
  • Other income: ₹7.22 (Q2 FY27) vs ₹7.29 (Q1 FY27) vs ₹7.85 (Q2 FY26)
  • Total revenue: ₹1,380.56 (Q2 FY27) vs ₹3,580.15 (Q1 FY27) vs ₹23.69 (Q2 FY26)
  • Total expenses: ₹1,582.15 (Q2 FY27) vs ₹3,561.72 (Q1 FY27) vs ₹367.23 (Q2 FY26)
  • Profit before tax: -₹201.59 (Q2 FY27) vs ₹18.43 (Q1 FY27) vs -₹343.54 (Q2 FY26)
  • Tax expense: ₹1.46 (deferred tax) (Q2 FY27) vs -₹13.28 (deferred tax) (Q1 FY27) vs -₹10.35 (deferred tax) (Q2 FY26)
  • Net profit: -₹203.05 (Q2 FY27) vs ₹31.71 (Q1 FY27) vs -₹333.18 (Q2 FY26)
  • Basic EPS: -₹0.14 (Q2 FY27) vs ₹0.02 (Q1 FY27) vs -₹0.22 (Q2 FY26)
Half-Yearly Performance (H1 FY27 vs H1 FY26)
  • Revenue from operations: ₹4,946.20 (H1 FY27) vs ₹286.40 (H1 FY26)
  • Other income: ₹14.51 (H1 FY27) vs ₹15.90 (H1 FY26)
  • Total revenue: ₹4,960.71 (H1 FY27) vs ₹302.30 (H1 FY26)
  • Total expenses: ₹5,143.87 (H1 FY27) vs ₹1,021.75 (H1 FY26)
  • Profit before tax: -₹183.16 (H1 FY27) vs -₹719.45 (H1 FY26)
  • Tax expense: -₹11.82 (deferred tax) (H1 FY27) vs -₹36.00 (deferred tax) (H1 FY26)
  • Net profit: -₹171.34 (H1 FY27) vs -₹683.45 (H1 FY26)
  • Basic EPS: -₹0.11 (H1 FY27) vs -₹0.46 (H1 FY26)
Expense Breakdown (H1 FY27)
  • Cost of raw material consumed: ₹140.17
  • Purchase stock in trade: ₹2,989.37
  • Changes in inventories: ₹1,550.85
  • Employee benefits expense: ₹62.60
  • Finance costs: ₹74.76
  • Depreciation and amortization: ₹233.00
  • Other expenses: ₹93.12

Balance Sheet Position (as at September 30, 2026)

  • Total assets: ₹13,154.31 lakhs (vs ₹15,086.00 lakhs as at March 31, 2026)
  • Non-current assets: ₹6,061.39 lakhs (including Property, Plant and Equipment: ₹2,276.10 lakhs, Right of Use-Asset: ₹801.36 lakhs)
  • Current assets: ₹7,092.92 lakhs (including inventories: ₹6,216.38 lakhs)
  • Equity share capital: ₹7,457.18 lakhs (unchanged)
  • Other equity: ₹1,252.25 lakhs (vs ₹1,423.59 lakhs as at March 31, 2026)
  • Total liabilities: ₹4,484.87 lakhs (vs ₹6,205.22 lakhs as at March 31, 2026)

Cash Flow Statement (H1 FY27)

  • Net cash from operating activities: ₹305.44 lakhs
  • Net cash from investing activities: ₹10.94 lakhs
  • Net cash used in financing activities: -₹209.51 lakhs
  • Net decrease in cash & cash equivalents: -₹93.52 lakhs
  • Cash & cash equivalents at end: ₹360.16 lakhs (comprising cash on hand: ₹16.86 lakhs, bank balances: ₹343.30 lakhs)

Important Notes

1. The financial results were reviewed by the audit committee and approved by the board of directors on November 14, 2026.

2. The Company received capital subsidy of ₹648 lakhs from Madhya Pradesh Industrial Development Corporation for factory expansion, deducted from the carrying amount of the asset in compliance with IND AS 20.

3. Cost of raw materials comprises expenditure on sugarcane purchase and other consumables.

4. The company operates in only one segment: manufacturing of sugar.

5. Figures of previous periods have been regrouped and reclassified for comparability.

Auditor's Review

BANCRS AND CO. LLP, Chartered Accountants, issued a limited review report stating that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.

Additional Information

The information will be available on the company website: www.parvatisweetners.co.in